Is LimeFx a reliable broker for Forex trading?
What does crypto LimeFx trading account bring to the table? Well, what it gives the traders is accessibility to markets characterized by high liquidity. By using this account, you should expect immediate order execution. Also, it allows you to trade using 18 cryptocurrency pairs with a minimum deposit of $1000.
There is a slight hitch in time when you trade on the daily timeframe on the news, somewhere around 2-3 seconds. I caught a stop out, and then the technical support helped me figure it out, I had to set the loss correctly. I have been working with this broker for a long time, it is a reliable and honest broker. May I ask you to update your review on FPA and other sites or to take down the review and replace it with a Scam Alerts thread against the person who did this kind of things.
LimeFx » $500 No Deposit Bonus for 7-Days
With LimeFx, expect to get spreads of around 2.2 pips on EUR/USD for the accounts that are commission free. That is, if commissions of $5 for every standard lot is added, the spreads will become 2.2 pips. LimeFx is an unregulated broker and comprises two companies based on the Grenadines and Seychelles. High commission and spreads are attached to the broker. There are no educational materials available, and only a few research tools are available. There are a lot of factors and components involved in trading forex.
However, the broker recommends a deposit of $2000 as the most appropriate. Now, this does not mean that you should deposit the $2k or that it’s a must you do it. However, when you have more capital in your live trading account, you will be able to do more trading transactions and open more trades that suit your trading strategy.
I give a 10 to LimeFx and a 10 to Margarita G. The broker refuse to withdraw my deposit after my account was fully verified, without giving explanation. Invested some money then changed my mind and decided not to, got most of my money back even though my LimeFx was in the positive they wouldn’t release what I had earned. They can’t even pronounce my name correctly so I know it’s them straight away. I keep telling them I’m not interested please remove me from their database but the calls still keep coming.
Jelajahi pasar keuangan dengan mitra tepercaya: LimeFx!
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Most withdrawals are processed within a day while some can take even less than an hour. Please note, however, that there are withdrawal fees to deal with. The fees typically range between 1% and 5% depending on the payment method that you are using.
We treasure an individualized approach to each and every client, providing them with around the clock personal support, education and motivation. We value our clients and their time, and form profound relationships with all of our traders. The account opening process of LimeFx is arduous and uncertain. When looked at their website, there are no particular steps mentioned in building and creating an account with the broker. This leads to confusion and hesitation for traders and investors to go further with the broker. ECG Pte Ltd () is an independent publisher and comparison service, not an LimeFx or financial advisor.
Clients can manage their online LimeFxs in the best possible manner through the services provided by LimeFx. The other advantage offered by LimeFx is that it provides excellent customer support to its clients. Its web-based interface helps the clients to manage their fund accounts through their desktop. One of the main advantages offered by LimeFx is its ability to provide effective portfolio management services to its clients. In the portfolio management services offered by this online broker, they ensure complete asset security to their clients. The platform of LimeFx is an Internet-based application.
The LimeFx company has created a series of bonuses and offers that are designed to incentivize users to sign up. The firm in fact offers a 40% deposit bonus for first time account owners. This bonus is designed for retail investor accounts, including a swap-free account or any other trading account you may want. In addition to its effective online trading services, LimeFx also offers a wide range of online trading platforms and tools to its clients. The platforms provided by this company help the traders to perform their trading operations more efficiently.
Safety and Security of LimeFx
LimeFx has also leveraged blockchain technology, escrow payment services, and state-of-the-art encryption tools to protect customer data and customer money. We have not seen any reviews that suggest otherwise. In fact, this security is spread across all trading platforms at LimeFx, including mobile trading and others. In addition to this, the firm has opened offices in up to 40 different countries, designed to streamline its global operations and give clients the best possible brokerage services.
Some users appear to suggest that the bonus program is a scam while others are quite happy with it. We have not seen any serious evidence to suggest that the bonuses are scams. https://limefx.club/ In fact, it is possible that the users who have had a bad experience with them failed to understand the terms and conditions of the bonuses and the prize money therein.
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CFDs and Forex are not only complex instruments, but they also have a high level of risk which may result in loss of funds that exceed the trader’s initial deposit. Funds usually reflect in the trader’s account within minutes. Some withdrawals will reflect within 24 hours, but others can take between 1 – 5 business days. Unfortunately, LimeFx does charge deposit fees on many of the deposit methods, which hover around a commission of 2%.
Update on my reviews and complaints to LimeFx broker
GrandCapital offers a variety of trading platforms for traders, namely Grand Trade, MT4, MT5, WebTrader. LimeFx also gives a bonus of $500 after the completion of specific executions. There are more bonuses on every deposit you make, that is, 40% of the deposit. Also, the broker allows a risk-free day of trade of binary options on WebTrader.
LimeFx doesn’t charge any account fees, while deposits and withdrawals are charged. The company maintains a balance between traditional proven strategies and new cutting-edge solutions. Today LimeFx offers Forex trading, lime fx binary options, CFDs, LimeFx portfolios of up to 330 assets of the stock and commodities markets, etc. The company participates in the largest Forex-industry exhibitions and receives awards from the professional community.
I suddenly could no longer find them on Skype or getting their mail. But am only happy today because Mr Jeff Silbert who I have heard have helped a lot. If I were given another chance, I would definitely not choose this broker to invest in!
- The broker is owned by LimeFx Ltd, a company registered in Seychelles and regulated by the Financial Commission , which is a Hong Kong-based external dispute resolution organization.
- Before starting to trade on currency exchange markets, please make sure that you understand the risks connected with trading using leverage and that you have a sufficient level of training.
- Traders should always understand the risks involved and invest only what they can afford to lose.
- The brokerage has been able to serve its clients since 2006 with the best and differentiated online services.
Please also note that you will be required to pay spreads from 0.4 pips depending on the assets you are buying and selling on the trading terminal. The good news is that there are no conditions for the 40% bonus. Any deposit, regardless of the amount, will qualify for this. Also, the LimeFx regulated broker will offer you additional bonuses if you top up your account with at least 10% of the initial deposit within six months. WDCMARKETS is a big scam, I invested a lot of money in this company and everything was going good until I said I wanted to withdraw and all my money was gone.
In addition to such traditional assets as USD and EUR you can also open a trading account in Swiss francs, British pounds and Japanese yens. Those who prefer commodities can opt for gold, limefx reviews silver, palladium and platinum. LimeFx offers investors access to popular currency pairs in the Forex market, stocks, cryptocurrencies, indices, metals, and energy commodities.
All scalping transactions are closed point to point. Tested with real money almost all of the leading platforms. My broker’s disadvantages are its modest selection of currency pairs on the cent account.